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Arrowhead interim results for the six month period ended 31 March 2012

By SA Commercial Prop News 2012-05-09 19:06:00  
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In publishing Arrowhead Properties’ interim results for the six month period ended 31 March 2012, it has declared distributions on the A unit of 15 cents and 9,68 cents on the B units.

The distributions are in line with the forecast.

Arrowhead is in advanced negotiations with various parties for the acquisition of properties with an aggregate value in excess of R820m at an average forward yield just under 11%.


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